801-845-0092
The Fastest Closing Loans In The Industry
We’ve teamed up with the best and fastest private debt lenders to offer our clients bridge loans that close in 5-10 days*
Commercial Loans – Financing for a Short Period of Time
Bridge Loans are a great way to get hard money when financing is needed for a short period of time. This 10-day commercial loan option can be used for quick-close purchases, maturing loan refinances, seasoning requirements, discounted note payoffs or purchases, and more situations. The team of experienced professionals at Nelson Funding can help you navigate your loan scenario to find the best 10-day bridge lender.
Apply for a Commercial Bridge Loan Today
Our commercial lenders can fund deals in the United States, Canada, Caribbean, and Mexico. Contact Nelson Funding now to learn more about 10-day bridge loans or apply online here to get started!
Lending Parameters
| Loan Amount | $800,000-$20,000,000 |
| Maximum LTV | 60% |
| Interest Rate | 6.99%-10.99% |
| Origination Fee | 3-5 Points |
| Term Length | 6-36 Months |
| Lien Position | 1st Only |
| Recourse | Negotiable |
| Markets | Secondary |
| Legal Fee Deposit | Required |
| Appraisal/BPO | Deal Dependent |
Situations We Finance
- Refinance
- Purchase
- Bank Turn-Downs
- Vacant Properties
- Distressed Properties
Eligible Property Types
- Multifamily
- Hospitality (Flagged and Boutique)
- Office
- Retail
- Student Housing
- Senior Living
- Industrial
- Warehouse
- Owner-Occupied
- Investment Residential
- Luxury Properties
- Medical
- Mobile Homes
- Single Tenant
- Retail
Items Needed to Receive Terms
| Profit and Loss Statement for the last two years |
| Personal Financial Statement |
| Operating Agreement/By-Laws |
| Purchase Sales Agreement/Real Estate Purchase Contract (if a purchase) |
| Hud-1 (if purchased within last three years) |
| 4 Color Photos or Old Appraisal |
| Rent Roll (if applicable) |
| List of Improvements Made/Required |
| Resume/Background of Principal(s) |
* Not all deals will qualify. For deals outside the listed parameters please reference the General Lending Parameters page.
